Costing Management

Costing Management Issues and Challenges

Global companies face some common challenges regarding the effective management of product costs. These challenges can be seen in the areas of cost reduction for new and existing products, supplier negotiations with detailed product cost information, and product cost estimation for evaluating design alternatives. No matter how great your product is, it cannot be successful without gaining a complete view of the costing structure and resulting profitability.

How Amber Road Can Help
Amber Road’s Costing Management solution provides the ability to better leverage enterprise data for improved decision making related to product development and cost management. This collaborative solution unifies critical product, cost and supplier information to accurately estimate and compare actual and simulated product costs.

Features	Benefits
Costing Management	▪	Manage costs across different sample requests and scenarios
	▪	Create “what-if” costing scenarios to estimate alternate materials or production facilities
	▪	Facilitate reference-costing utilizing comparative and historical style data
	▪	Analyze color level cost information with FOB or component visibility
	▪	Facilitate multi-vendor bidding with online RFQ/costing scenarios
	▪	Manage duty, freight and commission code tables to calculate landed costs based on the FOB
	▪	Maintain pricing history

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Costing Management

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